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It also happens to be the last day to purchase Alaska Miles with a 40% bonus
Alaska normally charges a penny a point to transfer miles from one account to another. Today is the last day that you can transfer miles fee free. That’s a great option if you’re looking to travel with a companion and one of you is short on miles. In fact, I went ahead and evened out accounts between my parents as we look to what will be the next big family trip. As I’ll point out below, this could be a great time to buy Alaska miles as you can take advantage of the 40% bonus and split the miles between two accounts. This offer seems to be targeted for those who carry Alaska Elite status, but that is something you can always status match into if the timing works for you.
If you aren’t into Alaska miles…get on it. You earn a mile for every mile flown, they have great partners, and I’ve completely switched my loyalty from American to AS as a result of their Mileage Plan program and their customer service. I’ve been impressed with their merger with Virgin as well and the communication they’ve initiated to keep loyalists abreast of the situation.
I used Alaska Miles to fund part of a surprise trip to Japan. Check out the video here:
If you’re short on miles…this would be a solid time to shore up your accounts. Alaska is offering a 40% offer. Points are roughly 2.1 cents with this offer. 50% is an all time best bonus, but you can SHARE these miles at the 40% bonus rate.
I mentioned that this could be a good time to buy miles as they could be shared between two accounts. Let’s say you and a companion only need 30k miles in each account to make an award redemption work. This would mean, under normal circumstances, that you’d each have to by the miles you need separately. At a higher cost with only a 35% bonus
Now…one person could be 60k miles, get a 40% bonus, pay a lower price per point, and end up with 84k miles. You can then split those miles into two accounts with each person walking away with 42k points, priced as if you’d purchased the max.
This is a list of some of the best redemptions
Check out Cathay Biz and First to Africa and Australia – unreal deals. Some of these prices will change in the New Year ( namely the AA rates, which will match what American charges in their own chart.)
- To Asia
- Cathay Biz is 50k One way
- Cathy First is 70k One way
- AA Biz to China is 55k
- AA Biz to Japan is 50k
- AA First to China is 67.5k
- AA First to Japan is 62.5k
- Japan Biz to Asia is 60k
- Japan First to Asia is 70k
- Japan Biz to S.E. Asia is 65k
- Japan First to S.E. Asia is 75k
- Europe
- Air France biz is 62.5k
- AA Biz is 50k,
- AA First is 62.5k
- BA Biz is 60k
- BA First is 70k
- Middle East
- BA Biz is 70k
- BA First is 80k
- Cathay Business is 62.5k
- Cathay First is 70k
- Australia
- Qantas Biz is 55k
- Qantas First is 70k
- Cathay Biz is 60k
- Cathay First is 80k
- Fiji Biz is 55k
- Africa
- Air France Biz is 70k
- British Airways Biz is 70k
- British Airways First is 80k
- Cathay Biz is 62.5k
- Cathay First is 70k
A few of my favorite Alaska redemptions
Cathay Pacific First Class for 70k miles.
Japan Airlines First Class for 80k
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.